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True or False? Assume Miller (1977) holds. A firm would prefer issuing equity over debt if T(c)= 30%, T(p)= 40%, and T(pE)= 20%

True or False? Assume Miller (1977) holds. A firm would prefer issuing equity over debt if T(c)= 30%, T(p)= 40%, and T(pE)= 20%

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